Wednesday, January 10, 2018

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Amber Enterprises India Limited is based in Punjab and incorporated in 1990. The company is manufacturing air conditioners and components in India. They have a good market share around 55%. They are market leader with Room Air Conditioners manufacturer for brands like Daikin, LG, Voltas, Hitachi, Whirlpool, Panasonic. The overall market share for these brands is around 75% in India. As the demand is going to be high in coming years it will be good business for Amber Enterprises. We can look for the short term and long term gain as well. One can apply with long term view for sure.

Amber Enterprises IPO Review:

Apply for Listing Gain & Long Term Gain

Amber Enterprises IPO Dates & Price Band: (Approx)

IPO Open: 17-January-2018

IPO Close: 19-January-2018

IPO Size: Approx Rs. 600 Crore (Approx)

Face Value: Rs. 10 Per Equity Share

Price Band: Rs. 855 to 859 Per Share

Listing on: BSE & NSE

Retail Portion: 35%

Equity: Shares

Amber Enterprises IPO Market Lot:

Shares: Apply for 17 Shares (Minimum Lot Size)

Amount: Rs.14,603

Amber Enterprises IPO Allotment & Listing:

Basis of Allotment: 24-January-2018

Refunds: 25-January-2018

Credit to demat accounts: 29-January-2018

Listing: 30-January-2018

Amber Enterprises Financial:
Amber Enterprises looking good with the results and growing superbly in the last 5 years. In 2017 PAT is 27.9 crore rupees which increased 16% up compared to 2016 while Revenues increased 51%. The growth looks fine and the company looks strong as well.

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